Cobra's Market View

The weekly stock picks are for members only: http://www.cobrasmarketview.com/2013/12 ... ock-picks/

Below is the preview of this week's initial picks:

Not a good week, lots of false breakout but the losses are small though. Again, it's very important to know that the stock picks don't take ER into consideration so please avoid stocks that very close to ER or close position before the ER.


Long Watches:
1 real breakout, 5 false breakout.

3 eliminations.


Short Wathes:

N/A


The rest, the chart patterns not bad yet, will compete with our new scans in order to be listed in the next week's list.


Green circle means a successful breakout/breakdown, so the pick won't be in the next week's list anymore.
Red circle means a false breakout/breakdown, the pattern in this case may not go bad yet, so still could be in the next week's list.
X means the pattern is gone bad, so the pick won't be in the next week's list anymore.